No Regrets Being Bearish

January 26th, 2022 No Regrets Being Bearish Markets continued choppy behavior, selling off strong in the morning, only to rebound and finish mixed by the end of the day.  Investors shrugged off Microsoft’s (MSFT) warning of a slowdown in sales.  The market didn’t like it at first, but Microsoft came roaring back throughout the day. […]

What Recession? GDP Is On The Rise!

January 27th, 2022 What Recession? GDP Is On The Rise! The Nasdaq 100 set a 6-week high and the Dow Jones Industrials hit a 1-week high. Thursday brought several reports that suggested the economy can shrug off a recession. That included the 2022 fourth-quarter Gross Domestic Product (GDP) report. The consensus was a 2.7% increase […]

Fear Of Missing Out On The Start Of A Bull Market

January 25th, 2022 Fear Of Missing Out On The Start Of A Bull Market The PMI Composite Flash report came out yesterday and there was a surprising uptick in the Manufacturing Index, showing a reading of 46.8 vs. the 46.2 reading from last month’s report.  Anything less than 50 shows that manufacturing is in a […]

Earnings Optimism Boosts Stocks Higher

January 24th, 2022 Selling Into Strength I used to work for a Chief Operations Officer who used to tell me time and time again, “Jeff, hope is not a plan.”  It’s a phrase that has stuck with me for years and helped shape the decisions I make in everyday life.   I mention it because as […]

Is Biogen A Buy Or A Sell?

January 6th, 2022 Is Biogen A Buy Or A Sell? Here we are and the first trading week of 2023 is nearly behind us. And so far, we’ve experienced more of the same. And this chart explains it. We’re now trading in the upper half of a range that was traded back in September and […]

Why The Dollar May Spoil The End Of The Year Rally

December 21st, 2022 Why The Dollar May Spoil The End Of The Year Rally I don’t know how many of you have gone out shopping, but I’m a little disappointed to see how slow most stores are. I know, who goes into stores anymore? Well, I do. Maybe it’s a bit of nostalgia, but sometimes […]

The Likelihood Of A Santa Rally Depends On This Chart

December 20th, 2022 The Likelihood Of A Santa Rally Depends On This Chart The so-called Santa rally is looking like it may not happen this year.  That would make sense given the rest of the year.  Strong job reports mean too much inflation and the markets go lower.  The price of eggs only went up […]

The Boiler Room Is Back With A Facelift

December 16th, 2022 The Boiler Room Is Back With A Facelift The Boiler Room is back. The shady side of this biz involves individuals or firms who use their vast email list and social influence to pump-and-dump stock picks. The U.S. Department of Justice filed eight new lawsuits against social media influencers for stock manipulation […]

Lesson Learned – Listen To John

December 15th, 2022 Lesson Learned – Listen To John As expected, this week has been full of volatile trading with big intraday swings. And as expected, John Hutchinson was right when he told investors in October to watch for the dot plot of the terminal rate. Just the other day John also said, “If the […]

An Alternate Way To Trade Covered Calls For Income Generation

December 14th, 2022 An Alternate Way To Trade Covered Calls For Income Generation Before we get into the covered calls strategy, it’s worth noting that despite the lower-than-expected CPI number yesterday, the market couldn’t hold on to the majority of the pre-market gains. The breakdown of the wedge pattern in IWM and SPY remains. Here’s […]